First Foundation Stock Market Value
| FFWM Stock | USD 7.95 0.13 1.61% |
| Symbol | First |
First Foundation Price To Book Ratio
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Foundation. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Foundation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.93) | Dividend Share 0.01 | Earnings Share (1.26) | Revenue Per Share 1.829 | Quarterly Revenue Growth (0.03) |
The market value of First Foundation is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Foundation's value that differs from its market value or its book value, called intrinsic value, which is First Foundation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Foundation's market value can be influenced by many factors that don't directly affect First Foundation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Foundation's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Foundation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Foundation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
First Foundation 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to First Foundation's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of First Foundation.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in First Foundation on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding First Foundation or generate 0.0% return on investment in First Foundation over 30 days. First Foundation is related to or competes with Veritex Holdings, ConnectOne Bancorp, First Bancshares,, First Mid, and Pacific Premier. First Foundation Inc., through its subsidiaries, provides personal banking, business banking, and private wealth managem... More
First Foundation Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure First Foundation's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess First Foundation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.3 | |||
| Information Ratio | 0.0367 | |||
| Maximum Drawdown | 20.1 | |||
| Value At Risk | (5.17) | |||
| Potential Upside | 5.91 |
First Foundation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Foundation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Foundation's standard deviation. In reality, there are many statistical measures that can use First Foundation historical prices to predict the future First Foundation's volatility.| Risk Adjusted Performance | 0.0633 | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | 0.0429 | |||
| Treynor Ratio | 0.0872 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Foundation's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
First Foundation Backtested Returns
First Foundation appears to be slightly risky, given 3 months investment horizon. First Foundation secures Sharpe Ratio (or Efficiency) of 0.0783, which denotes the company had a 0.0783% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for First Foundation, which you can use to evaluate the volatility of the firm. Please utilize First Foundation's Coefficient Of Variation of 1381.64, downside deviation of 3.3, and Mean Deviation of 2.71 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, First Foundation holds a performance score of 6. The firm shows a Beta (market volatility) of 3.09, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, First Foundation will likely underperform. Please check First Foundation's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether First Foundation's price patterns will revert.
Auto-correlation | 0.82 |
Very good predictability
First Foundation has very good predictability. Overlapping area represents the amount of predictability between First Foundation time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of First Foundation price movement. The serial correlation of 0.82 indicates that around 82.0% of current First Foundation price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
First Foundation lagged returns against current returns
Autocorrelation, which is First Foundation stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting First Foundation's stock expected returns. We can calculate the autocorrelation of First Foundation returns to help us make a trade decision. For example, suppose you find that First Foundation has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
First Foundation regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If First Foundation stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Foundation stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Foundation stock over time.
Current vs Lagged Prices |
| Timeline |
First Foundation Lagged Returns
When evaluating First Foundation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Foundation stock have on its future price. First Foundation autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, First Foundation autocorrelation shows the relationship between First Foundation stock current value and its past values and can show if there is a momentum factor associated with investing in First Foundation.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out First Foundation Correlation, First Foundation Volatility and First Foundation Alpha and Beta module to complement your research on First Foundation. To learn how to invest in First Stock, please use our How to Invest in First Foundation guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
First Foundation technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.